TBZ Expands footprint in Maharashtra and Gujarat; Opens two new showrooms

Tribhovandas Bhimji Zaveri Limited (“TBZ”), a well-known and trusted jewellery retailer in India with a legacy of over 150 years is expanding its store network in Maharashtra and Gujarat by launching two new stores today, one in Vasai (W) and other in Bhavnagar.  This foray in the Vasai-Virar belt will cater to fast-growing local communities in Vasai-Virar, Nala Sopara and Naigaon.  The exquisite 1,500 sq. ft. showroom is located at Stella, Nr. St. Augustine School, Vasai (W).

Today TBZ also consolidated its presence in the Saurashtra region of Gujarat by opening its first store in Bhavnagar to cater to fast-growing local communities as well as the tourists and traders visiting various destinations in the region. The exquisite 2,500 sq. ft. showroom is located at “Krishna”, Wagha wadi Road, Near Madhav Darshan, Bhavnagar.

Mr. Shrikant Zaveri, Chairman and Managing Director, Tribhovandas Bhimji Zaveri Limited, said, “TBZ is maintaining the momentum of its retail expansion across key markets and this foray into Vasai-Virar and  Saurashtra region of Gujarat is part of this strategy to reach out to various communities in satellite townships after successful launches in Mumbai, Pune and Thane. The Vasai showroom is conveniently located to serve customers in the nearby areas so that they do not have to travel very far from their residences. We are confident that the tradition-respecting communities of Vasai-Virar will warmly welcome TBZ’s legendary values such as trust, tradition, craftsmanship and creativity in jewellery designing especially when it is available literally at their doorstep.”

Keeping the century-old values of Tradition, Trust and Transparency, the new TBZ showroom showcases a new and vast range of contemporary and modern women’s and men’s jewellery collection for discerning customers. Considering the Christmas and forthcoming wedding season, TBZ Vasai also showcases the recently unveiled awe-inspiring Bridal Collection for fulfilling the innate needs of Indian brides, who are constantly seeking to balance tradition with modernism; indulgence with elegance; and style with sophistication. It also offers the new scintillating ‘Showstopper’ jewellery collection in gold and diamonds for all occasions such as social gatherings, get-togethers and parties. The all new lifestyle jewellery collection – ‘Showstopper’ for women has elegant, contemporary, sleek and attractive designs.

The new TBZ showroom in Vasai maximises the usage of environment-friendly materials. The showroom has a customer-friendly ambience with amenities such as displays, comfortable chairs, ambient lighting, elegant stylish interiors and the use of complementing and contrasting colours with bright lights and appropriate cooling ensures that the customer enjoys a unique experience. The Vasai showroom has elegant interiors and prospective customers will be given personalized attention and customized services.

Renowned for its innovative designs & craftsmanship in gold and diamond jewellery, TBZ-The Original has won several Indian and international jewellery design and industry awards. The company is a well established name in the wedding, gifting and occasion-driven jewellery segments. Also on display is the TBZ Surprise collection, Necklace collection and Temple Jewellery Collection.

In the last 9 months, TBZ has opened 8 showrooms in cities of Pune, Mumbai, Vadodara, Kolkata, Vapi and now in Vasai and Bhavnagar. With the opening of these two new showrooms, TBZ now has 21 showrooms in 15 cities across 6 States including Maharashtra, Gujarat, Madhya Pradesh, Kerala, Andhra Pradesh and West Bengal.

About Tribhovandas Bhimji Zaveri Limited:

TBZ Ltd (BSE: 534369 | NSE: TBZ) has a 150-year old track-record of trust, quality and purity of its products, TBZ has won several prestigious awards including the Readers Digest Trusted Brand Asia in the category of Jewellery Shop in 2006, 2007 and 2008. TBZ has received other awards for both products and customer service, including the DTC Best Showroom award in 2004 and 2006, the DTC Best Diamond Moments award in 2005 for customer interactions, the DTC Best Showroom and Sales Person award in 2006 and 2007, the Jaipur Jewellery Show Gold Souk Awards 2007, which honoured TBZ’s contribution to the gem and jewellery industry in India, and the Jamnalal Bajaj Uchit Vyavahar Puraskar 2007 – Council for Fair Business Practices Award.